OCEAN BIO CHEM INC OBCI Cash Flow

Ocean bio chem inc (OBCI)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	510	898	404	217	314	629	163	328	465	760	354	353	202	1,128	376	627
Net income
626	649	1,124	1,009	715	-121	1,272	1,121	523	293	853	952	503	450	1,528	656	-540	-	295	113	-15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	225	221	219	216	205	201	204	201	190	186	179	176	173	172	170	165	197	221
Depreciation and amortization
330	321	321	325	320	325	327	283	238	229	238	240	246	239	243	244	246	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
25	-23	30	29	-5	15	-16	-17	143	-81	-8	-12	42	-6	12	-26	-6	127	4	-18	-9	6	-25	-16	-2	7	-26	3	14	11	-33	14	-2	-	-	-	-
Loss on sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-12	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	310	4	9	10	238	18	6	23	342	23
Provision for bad debts
15	-26	31	33	-32	-42	2	73	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for slow moving and obsolete inventory
35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating non-cash items
0	0	2	-0	-1	6	0	0	-0	-7	7	16	-20	122	-43	-94	2	93	-61	-9	-23	47	-27	-38	36	70	-108	-12	-11	72	-69	10	-28	140	-70	-49	-2
Cash used related to 2019 chemical incident
200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on insurance settlement
126	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Trade accounts receivable
-711	-3,148	1,731	1,894	1,001	-5,176	1,723	4,141	41	-3,345	2,239	1,484	-148	-4,549	3,905	1,492	-1,012	-2,556	3,653	521	-1,374	-1,320	2,063	1,268	-1,493	-2,556	3,119	667	272	-3,042	3,012	-95	491	-2,984	2,026	452	812
Receivables due from affiliated companies
233	112	-89	-577	470	407	-249	-371	-325	304	-30	-504	625	367	-250	4	17	582	-422	-157	332	225	-342	-196	492	93	18	-194	62	220	-24	14	-148	305	63	7	-94
Inventories
1,840	-1,892	-274	-841	439	439	1,519	165	897	-1,049	-85	44	1,570	-408	142	-188	1,154	-1,493	271	-971	2,001	-709	843	-813	1,395	-1,208	-1,092	-400	843	-292	391	-799	324	-1,117	1,496	-1,335	2,806
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	-1	110	-1	-1	-1	-1	-1	-1	-4	-30	6	-3	-14
Prepaid expenses and other current assets
68	-36	151	-269	79	-248	140	67	37	-72	353	-102	-178	-1	131	-271	212	-65	295	-357	219	41	78	-61	152	-44	88	-104	151	-6	-46	136	22	-48	42	109	30
Accounts payable - trade
949	-1,493	1,060	-106	114	-1,936	863	616	121	-968	546	-316	1,034	-1,481	1,206	-331	1,017	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes payable
-	-	-	-	-	-	-	-	-	0	-26	-358	383	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses payable
62	50	17	-233	271	-448	187	415	142	-	-	-	-	-390	180	416	-205	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and other accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,416	-48	340	-957	1,052	-25	164	-1,229	919	68	31	-877	937	242	-296	-1,660	1,832	-1,462	745
Net cash provided by (used in) operating activities
287	4,403	1,328	865	-606	2,372	-179	-1,497	522	3,165	-354	-244	362	-	-	95	137	1,797	-1,625	1,245	-605	1,495	-423	717	-2	2,831	-298	784	-751	2,838	-1,411	1,757	-410	2,524	-396	415	-1,921
Cash flows from investing activities:
Insurance proceeds received for damaged machinery and equipment
411	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property, plant and equipment
541	191	97	125	303	178	264	344	571	1,712	1,029	1,629	904	185	100	80	76	152	175	299	370	155	199	292	183	37	147	208	119	396	145	139	90	158	69	124	119
Sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	55	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from (to) joint venture from non-controlling partner
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-36
Net cash used in investing activities
-129	-266	-97	-125	-303	-178	-641	-344	-571	-1,712	-1,029	-1,629	-904	-	-	-80	-76	-152	-180	-306	-315	-155	-349	-292	-183	-37	-307	-208	-119	-396	-145	-139	-90	-158	-69	-124	-82
Cash flows from financing activities:
Net borrowings under revolving line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,700	1,300	-1,150	700	-2,550	800	-550	3,150
Repayments of notes payable related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	471
Payments on long-term debt
126	113	112	111	111	107	93	64	66	40	43	114	116	112	113	112	112	111	111	109	105	104	103	103	103	102	101	101	100	99	99	100	100	99	2,488	37	462
Proceeds from exercise of stock options
-	0	0	0	13	-	-	-	-	-	-	-	-	0	0	0	21	0	0	0	0	0	0	0	63	0	79	0	0	-	-	-	-	-	-	-	-
Net cash used in financing activities
-126	-113	-533	-179	-97	-2,857	1,530	480	-66	-1,040	5,263	-663	-116	-	-	-652	-91	-123	-111	-109	-105	-104	-103	-543	-40	-402	277	-101	-100	-1,708	1,200	-1,172	599	-2,590	741	-581	2,215
Effect of exchange rate on cash
-1	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate on cash and restricted cash
-	-	-	-	-	-	0	0	-0	-0	6	6	-12	2	1	-2	-2	14	3	5	-24	-1	-9	2	-15	0	1	-2	-2	-0	3	-3	0	1	-3	-0	2
Net increase (decrease) in cash and restricted cash
29	4,024	698	560	-1,007	-663	709	-1,361	-116	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and restricted cash
-	-	-	-	-	-	-	-	-	-	-	-2,531	-671	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	2,984	-709	-640	-32	1,535	-1,913	835	-1,051	1,234	-885	-116	-241	2,392	-326	471	-973	732	-352	442	99	-223	270	-290	213
Supplemental disclosure of cash flow information:
Cash paid for interest during period
36	36	39	42	38	58	42	29	6	27	-1	1	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest during period
-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	5	6	7	8	9	10	11	12	12	13	15	17	17	17	24	21	27	27	45	37	46	34
Cash paid for income taxes during period
45	-	-	-	-	-	-	-	-	125	529	617	11	249	744	0	0	51	0	31	87	250	434	276	130	62	386	238	77	140	380	446	386	76	55	593	611
Cash paid under operating lease
23	23	23	23	23	23	23	23	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash
6,148	4,015	998	548	563	-434	912	-1,371	2,294	1,098	452	-2,531	3,399	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
1,891	8	-299	12	2,163	-229	-202	10	2,754	-686	3,433	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cash and restricted cash
8,040	4,024	698	560	2,726	-663	709	-1,361	5,049	411	3,885	-2,531	3,399	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash lease activities:
Operating lease right to use asset exchanged for operating lease liability
-	-	-	-	432	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease right to use assets exchanged for finance lease liabilities
-	0	0	0	44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total lease right to use assets exchanged for lease liabilities
-	-	-	-	477	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-